Un-official translation
Number : 80/GEMS-CS/VIII/2016 Jakarta, 8 August 2016
Attachment: N/A
Subject : Report of Information or Material Fact
To: Chief Executive of Capital Market Supervision Financial Service Authority
Jakarta
We hereby acting for and on behalf of the Company report the Information or Material Fact as follows:
Nama of Issuer : PT Golden Energy Mines Tbk
Bussiness Activity : Coal Mining through its subsidiaries and coal trading
Phone : (021) 5018 6888
Facsimile : (021) 31990319
E-Mail : corsec@goldenenergymines.com
1 Date of Event 4 August 2016
2 Type of information or Material Fact Conditional Shares Sale and Purchase Agreement between the Company and Glenfield Capital Inc. regarding to the acquisition plan of PT Era Mitra Selaras and its subsidiaries (EMS Group).
3 Details on the Information or Material Fact
- This acquisition plan will be conducted in the amount of US$37,000,000 (thirty seven million United States Dollar); - This acquisition plan will be subject to the several
conditions precedent from both parties at the latest by 30 September 2016.
4 Impact of event, information or material fact to
- Operational activities;
- legal;
- financial conditions ;or
- going concern.
Issuer or Public Company
- In the short term, there is no impact to the operational activities, however once the asset starts the production, it will add to the Company’s overall performance
- N/A
- This acquisition is intended to be sourced from internal accrual and cash balance
- N/A
5 Other Information -
Thus we convey. Thank you for your attention.
Your sincerely,
PT Golden Energy Mines Tbk
Sudin SH
Corporate Secretary
CC :
